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Rural Stettler No. 6, County of · Single Family · under $625,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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20148 Hwy 12
A RARE ACREAGE OPPORTUNITY WITH TWO SEPARATE HOMES on one title, each with its own well, septic system, utilities, private lane, and two separate yards divided by mature tress. Located just minutes from town with pavement right to the property, this versatile acreage offers an exceptional setup for extended family, independent living arrangements, or rental income. A quick connection to Highway 12 provides convenient access to Red Deer, with the outskirts approximately 35 minutes away.THE MAIN HOME offers five bedrooms and a functional layout with plenty of space for family living. The generous primary bedroom features a wood-burning fireplace and is currently being used as a family room. A second bedroom, three-piece bathroom, functional kitchen with warm wood cabinetry, and combined living and dining area complete the main floor. A ground-level mudroom provides a practical everyday entrance with convenient access to the home and yard.Downstairs, the basement includes three additional bedrooms, two featuring useful built-in storage, along with a dedicated laundry room and separate utility room. A spacious bathroom with a large soaker tub adds comfort and functionality to the lower level.THE SECOND HOME is approximately 1,215 square feet, all on one level, and is currently rented, offering an opportunity for immediate income potential. It offers three bedrooms, one bathroom, main-floor laundry, and its own private yard. Surrounded by mature trees, the second residence also enjoys a firepit area creating a peaceful and inviting outdoor space that feels distinctly separate from the main home. There is also a storage shed on this side of the property. A true homesteader’s dream, the property features three large garden plots and an impressive variety of established fruit and perennial plantings, including assorted apple trees, Saskatoon berries, rhubarb, and raspberries. Mature trees provide shade, privacy, and shelter throughout the acreage, while a root cella r offers valuable space for storing garden produce. Additional outbuildings include a workshop and detached garage, providing room for vehicles, tools, hobbies, storage, and acreage projects.Grassy paddock areas offer space for horses, sheep, goats, or other animals, adding to the versatility of this well-established acreage. Along the back of the property is a railway line that currently serves as a dead-end track. The railway corridor and surrounding mature landscape attract an abundance of wildlife, making this an appealing setting for nature lovers and outdoor enthusiasts. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.58 Ft x 11.25 Ft | |
| Furnace | 13.58 Ft x 9.75 Ft | |
| Recreational, Games room | 10.33 Ft x 16.83 Ft | |
| 3pc Bathroom | 7.83 Ft x 7.75 Ft | |
| Laundry room | 7.08 Ft x 6.00 Ft | |
| Bedroom | 11.67 Ft x 8.75 Ft | |
| Bedroom | 11.67 Ft x 10.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 12.50 Ft x 9.08 Ft | |
| Eat in kitchen | 12.17 Ft x 13.33 Ft | |
| Living room | 12.17 Ft x 14.58 Ft | |
| Family room | 12.00 Ft x 21.08 Ft | |
| Bedroom | 9.25 Ft x 10.17 Ft | |
| 3pc Bathroom | 9.25 Ft x 6.42 Ft | |
| Hall | 7.25 Ft x 6.42 Ft | |
| Other | 7.25 Ft x 4.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
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Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
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Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.36%
Cap rate
3.59%
GRM
16.4
Break-even rent
$3,535
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 3, 2026.
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Buyer-fit signals
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